HomeFinTechKolide: Raises $17M in Series B Funding

Kolide: Raises $17M in Series B Funding

Kolide Raises $17M in Series B Funding

  • Kolide, a Boston, MA-based user-focused endpoint security platform for teams, raised $17M in Series B funding
  • The round, which brought total funding raised to date to $27m, was led by OpenView Partners, with participation from Matrix Partners, who previously led the Series A
  • The company intends to use the funds to expand its go-to market strategy, hire additional engineers and product staff to expand the product’s capabilities
  • Kolide provides a SaaS based endpoint security platform which enlists the help of employees directly to fix serious issues it detects on Linux, Mac, and Windows devices
  • All communication happens over a Slack app that messages end-users when their device no longer meets the security standards set by the company
  • The messages include customized instructions and even a way for end-users to immediately verify they correctly fixed the problem
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